North Dakota Statutes

§ 45-23-06 — General partner liability

North Dakota·Title 45 Partnerships·Ch. 45-23 Limited Liability Limited Partnership

An obligation of a limited liability limited partnership, whether arising in contract, tort, or otherwise, is solely the obligation of the limited liability limited partnership.

1.A general partner is not personally liable, directly or indirectly by way of contribution or otherwise, for an obligation of the limited liability limited partnership solely by reason of being or acting as a general partner.
2.This section applies notwithstanding anything inconsistent in the partnership agreement.

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